Kizspy | Question: 24
(Choose 1 answer)
After receiving a letter of credit (L/C), the beneficiary finds that the transaction price listed in the L/C is lower
than the originally agreed price in the sales contract between them and the applicant. What should the
beneficiary do?
A. The beneficiary does not need to do any action because it has no effect on his turnover
B. The beneficiary can change the content of L/C himself and then notifies to the applicant
C. The beneficiary should request for a confirmation adding from confirming bank
D. The beneficiary should request for an amendment from the buyer for this L/C
